Higher Orbit

Invest where technology, ambition and possibility collide. The biggest opportunities usually appear before the crowd believes they’re possible

[Higher Orbit @SpaceInvestor19]

Exercising an employee stock option often triggers a stock sale (known as a "sell-to-cover" or cashless exercise) to pay the resulting immediate income tax. Usually broker automatically sells a portion of the newly acquired shares on the open market to satisfy the tax liability. Remaining shares are deposited into the employee's brokerage account. This is should be bullish if anything. They net added shares and settled tax.

[Higher Orbit @SpaceInvestor19]

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